Samsara, Inc. Class A (IOT)

Over the past six months, Samsara's stock price has declined, decreasing by 33.84% from November 25, 2024, to November 21, 2025, and down 34.63% over the past 12 months as of November 24, 2025. Despite the stock decline, Samsara has reported strong earnings, often beating analyst expectations in Q2 FY2026, Q1 FY2026, Q4 FY2025 and Q3 FY2025. A notable event impacting the stock was a 5% jump after a Federal Reserve official signaled potential for policy easing. However, the year-to-date share price return was -16.5%, and the one-year total shareholder return remained down over 33% as of November 24, 2025.

Samsara operates on a subscription-based business model, generating recurring revenue, which suggests a steady demand for its products and services rather than significant seasonality. The company has demonstrated substantial and consistent revenue growth, with its Annual Recurring Revenue (ARR) reaching approximately $1.3 billion within eight years of its inception. While no explicit demand seasonality is mentioned, a prolonged downturn in the commercial medium and heavy-duty markets could significantly affect Samsara's financial outcomes.

Samsara, Inc. is an American Internet of Things (IoT) company founded in 2015, operating in the technology services sector. It provides a Connected Operations Platform that links physical operations to the digital world, aiming to enhance efficiency, safety, and sustainability for customers across various industries. The company delivers its products and services through a subscription-based model, combining hardware, software, and cloud services, including fleet management solutions, industrial IoT solutions, site visibility and security, connected equipment, Samsara Apps, and sustainability tools.

Samsara's headquarters are in San Francisco, California, and it has a significant presence across North America and Europe, with customers in Canada, Mexico, France, and Germany. In the United States, Samsara has additional offices in Atlanta and Phoenix. Its European headquarters are located in London, with other offices in Paris, Amsterdam, Munich, and Poland. Furthermore, Samsara has a hardware management hub in Taipei, Taiwan, responsible for its supply chain and production, and an office in India focusing on R&D, Business Technology, and Support for global scaling.

Samsara has garnered positive recognition for its workplace environment, being named one of Glassdoor's Best Places to Work in 2023 and among the Best-Led Companies in 2024. The company has also established strong partnerships with major vehicle manufacturers such as Ford Motor Company, General Motors, and Navistar. Samsara serves prominent commercial clients like DHL and Sysco, and provides its fleet telematics system to numerous public sector organizations. An event that could have impacted its reputation was an unsuccessful bid protest filed in 2022 against the U.S. Postal Service's decision to award a $300 million contract to a competitor.

Samsara Inc. has a diverse ownership structure, with institutions holding 49% of the shares as of July 24, 2025. Retail investors own 45.83% and insiders own 11.34% of the company as of April 2025. Major institutional owners include Baillie Gifford & Co, Vanguard Group Inc, and BlackRock, Inc., among others. Key individual owners include CEO Sanjit Biswas and CTO John Bicket, who each hold an 18% stake in the company. Hemant Taneja is also a significant individual shareholder, owning 7.72 million shares, representing 1.35% of the company.